LRGC vs SEMG

LRGCAAB US Large Cap Strategic Equities ETF

SEMGDSuncoast Select Growth ETF

In short

LRGC AB's stock pickers in an ETF wrapper: roughly 70 large-cap US names picked with fundamental research plus quant screens, measured against the S&P 500. Active conviction, priced under the typical active peer.

SEMG Active conviction investing with nothing to hide behind: roughly 15 to 30 US stocks, picked bottom-up under one in-house rulebook. No index, no long tail, and every holding carries real weight.

Stated mandate

LRGC The Fund seeks long-term growth of capital. It is actively managed and normally invests at least 80% of net assets in equities of large-capitalization U.S. companies.

SEMG The Fund seeks long-term capital appreciation through an actively managed, concentrated portfolio of approximately 15–30 U.S.-listed companies selected using bottom-up fundamental analysis.

Why people hold it

• LRGC Roughly 70 holdings against a 500-stock yardstick, with quality and value screens doing the filtering. Each name actually carries weight.
• 0.39% a year sits below the median fee in its active large-cap group, so the manager isn't digging out of a deep cost hole.
• One of the stronger implementations among the actively managed US large-cap funds we track, with a plain mandate: at least 80% of net assets in large-cap US equities.
• Launched in 2023 on one of AB's core US equity strategies, with Jane Street signed on as lead market maker from day one.prnewswire.com

• SEMG Real concentration: about 15 to 30 US-listed names, so individual picks actually move the fund instead of being diluted by a 500-stock tail.
• Stock selection runs through a named house process, the SEM Disciplined Investment System, which blends growth and value screens rather than chasing a single style.
• Plain plumbing: a standard 1940 Act fund holding US-listed stocks. No leverage, no derivatives overlay, no exotic wrapper to decode.

Worth knowing

• LRGC At 0.39%, it costs more than cheaper enhanced-index rivals in the same group, such as JUSA at 0.12% and GUSE at 0.30%.
• Outcomes ride on the team's judgment, not an index rulebook, and about 70 positions concentrate those calls.
• It trades lightly next to the big index names, so spreads can run wider, especially in fast markets.

• SEMG At 0.60% a year it prices above the typical fund in its active US growth cohort, and well above enhanced-index rivals such as JUSA (0.12%) and FELG (0.18%).
• A small, thinly traded fund, so spreads and order handling deserve more attention here than with a mega-cap index product.
• Launched in 2025, so the track record is short, and a book this concentrated means a handful of names can set the tone in any given stretch.

Full LRGC profile⁠

Full SEMG profile⁠